Note: This version of section effective until 7-1-2027. See also following version of this section, effective 7-1-2027.

1. (b) In the review, the agency shall reexamine previous cost benefit, economic impact, fiscal impact, and regulatory burden statements prepared by the agency for the rule under IC 4-3-22-13 , IC 4-22-2-22.7 , IC 4-22-2-22.8 , IC 4-22-2-28 , IC 4-22-2.1-5 , or an executive order and revise the statements to reflect any change in circumstances that affect the analysis. The agency shall identify any alternative methods of achieving the purpose of the rule that are less costly or less intrusive, or that would otherwise minimize the economic impact of the proposed rule on small businesses (as defined in IC 4-22-2.1-4 ) and other regulated entities. The agency also shall consider the following:

   1. (1) The nature of any complaints or comments received from the public, including small businesses (as defined in IC 4-22-2.1-4 ), concerning the rule or the rule's implementation by the agency.

   2. (2) The complexity of the rule, including any difficulties encountered by:

      1. (A) the agency in administering the rule; or
      2. (B) small businesses (as defined in IC 4-22-2.1-4 ) or other regulated persons in complying with the rule.
   3. (3) The degree to which technology, economic conditions, or other factors have changed in the area affected by the rule since the last time the rule was reviewed.
2. (c) The agency shall prepare written findings concerning the agency's determinations under this section.

Sec. 4. (a) To readopt a rule, an agency must conduct a review of the rule to consider the continued need for the rule and whether the rule, if readopted, will meet each of the standards in IC 4-22-2-19.5 and (if applicable) the requirements for fees, fines, and civil penalties in IC 4-22-2-19.6 .

As added by P.L.249-2023, SEC.45. Amended by P.L.213-2025, SEC.56.